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After having a rollicking rally during the first half of the year, Bitcoin (BTC) has had a forgettable time in the month of July, and the reasons behind the troubles are manifold. The announcement from Facebook (NASDAQ:FB) about its very own cryptocurrency Libra may have initially been thought of as a welcome addition to the crypto sphere, but in a matter of time, it turned into a troublesome entity for Bitcoin.
Libra has been panned by some of the most powerful people in the world, including the United States President, Donald Trump, and the head of …
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